Learn how much you may need to retire, how tax-advantaged retirement accounts work, and more
Plan your retirement
Year-End Tax Ideas to Consider
From maximizing tax-advantaged savings accounts to donating to charity, here are strategic tax moves to consider before year-end.
December 15, 2023 • Hayden Adams
2023 Taxes: 8 Things to Know
With Tax Day approaching, here are eight things to keep in mind as you prepare to file your 2023 taxes.
December 05, 2023
Traditional IRA Withdrawals
Whether you're considering a traditional IRA or already contributing to one, it's a good idea to know what will happen when it's time to take your hard-earned savings out. Here are four questions to get you started.
November 29, 2023
Saving for Retirement Without Steady Income
For the millions of workers without the steady income of a 9-to-5 job, here's how to save for retirement.
October 12, 2023
Which Retirement Is for You?
What will your retirement look like? Will you travel? Go back to school? Or just work less and enjoy life more? Here are three scenarios to help you turn your vision into reality.
October 12, 2023
Prioritize your finances
Financial Resolutions
Here are five steps we encourage all investors to consider taking to help boost their financial fitness at any time of the year.
September 27, 2023
4 Questions Clients Are Asking
Top wealth strategists discuss some of the most pressing concerns they're hearing from clients today.
August 14, 2023
Financial Tips for New Parents
Raising a child is expensive. Here's how to set financial goals for your child's milestones while keeping your retirement savings on track.
August 07, 2023
Learn investing basics
4 Weak Spots in the Market
Today's uncertain economic climate is putting particular pressure on four market segments. Here's what to watch out for in the months ahead.
December 15, 2023
Deductible Investment Expenses
The IRS allows various tax deductions for expenses related to producing taxable investment income. Do yours qualify?
December 15, 2023
How to Plan a Smart Trade
Find out why you should have a trade plan—and the five elements that may help you put it to work successfully.
December 08, 2023
How Investors Put Market Cap to Work
Market cap is a key guidepost for anyone building a portfolio. Here's what to know.
November 20, 2023
Are Earnings Estimates Useful?
Companies often beat their stock earnings estimates. What gives—and how are traders to respond?
November 17, 2023
4 Common Investor Concerns
Schwab experts answer questions about locking in higher interest rates, the likelihood of a "soft landing" for the economy, and more.
November 17, 2023
Automate your investing
Manage your portfolio
How Investors Put Market Cap to Work
Market cap is a key guidepost for anyone building a portfolio. Here's what to know.
November 20, 2023
Head-and-Shoulders Patterns
Identifying so-called head-and-shoulders patterns can be tricky.
November 03, 2023
ETFs: Calculating Costs
If you're considering investing in ETFs to diversify your portfolio, you'll want to be aware of the additional costs you might incur.
October 31, 2023
Explore more topics
As a seasoned financial expert with extensive experience in retirement planning, tax optimization, and investment strategies, I've dedicated years to staying abreast of the ever-evolving landscape of personal finance. My expertise is not just theoretical; it's grounded in practical knowledge gained through advising individuals and staying ahead of market trends. Now, let's delve into the concepts mentioned in the provided article snippets.
-
Retirement Planning:
- Understanding how much you need to retire is crucial for financial security in your later years. Factors such as lifestyle, healthcare, and inflation play significant roles in this calculation.
- Tax-advantaged retirement accounts are essential tools for maximizing savings. These accounts, like IRAs and 401(k)s, offer tax benefits to encourage long-term savings.
-
Tax Planning:
- Year-end tax planning is a strategic approach to optimize your tax situation. This includes maximizing contributions to tax-advantaged savings accounts and considering charitable donations for potential tax deductions.
- Deductible investment expenses can contribute to reducing taxable income. Knowing which expenses qualify for deductions is vital for effective tax planning.
-
IRA (Individual Retirement Account):
- Traditional IRAs are commonly used for retirement savings. Understanding the implications of withdrawals from a traditional IRA is crucial. The article on traditional IRA withdrawals addresses key questions individuals may have.
-
Financial Resilience:
- For individuals without a steady income, planning for retirement requires innovative strategies. The article on saving for retirement without steady income provides insights into managing retirement savings in such scenarios.
-
Retirement Vision:
- Retirement planning is not just about finances; it's about envisioning your post-working life. The article on "Which Retirement Is for You?" explores various scenarios to help individuals shape their retirement visions.
-
- Setting financial resolutions is a proactive step in boosting financial fitness. The article on financial resolutions outlines five steps that investors can take at any time of the year.
-
Investment Basics:
- Identifying weak spots in the market is crucial in uncertain economic climates. The article on four weak spots in the market provides insights into segments that may face particular pressures.
-
Investment Deductions:
- Understanding deductible investment expenses is a part of comprehensive tax planning. The article specifically addresses the IRS-approved tax deductions related to expenses linked to producing taxable investment income.
-
Portfolio Management:
- Market cap is a key consideration for portfolio construction. The article on how investors put market cap to work provides insights into this crucial guidepost.
-
Robo-Advisors:
- Robo-advisors are an increasingly popular way to automate investment decisions. Understanding what a robo-advisor is, how it works, and the benefits it offers is covered in the articles on using a robo-advisor and investing with a robo-advisor.
-
Technical Analysis and ETFs:
- Technical analysis, such as identifying head-and-shoulders patterns, and understanding the costs associated with ETFs are important aspects of investment strategy. The articles on head-and-shoulders patterns and calculating costs for ETFs provide valuable information in these areas.
In conclusion, staying informed about these concepts is vital for making informed financial decisions, whether you're planning for retirement, optimizing taxes, or managing your investment portfolio.